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SoftBank Group Corp (SFTBF.PK)

SFTBF.PK on OTC Markets Group

80.34USD
18 Aug 2017
Change (% chg)

$-0.55 (-0.68%)
Prev Close
$80.89
Open
$81.49
Day's High
$81.49
Day's Low
$79.46
Volume
5,023
Avg. Vol
7,763
52-wk High
$87.65
52-wk Low
$59.00

Latest Key Developments (Source: Significant Developments)

Noble Group rebuffed takeover approach from Centricus- FT, citing sources
Thursday, 10 Aug 2017 11:06am EDT 

Aug 10 (Reuters) - :Noble Group rebuffed takeover approach from Centricus- FT, citing sources.  Full Article

Softbank vision fund invests in India's Flipkart
Thursday, 10 Aug 2017 04:25am EDT 

Aug 10 (Reuters) - Flipkart says: :Softbank vision fund invests in Flipkart.To become one of the largest shareholders of the company.After this financing round Flipkart will have in excess of $4 billion of cash on balance sheet.This is biggest ever private investment in Indian technology company.  Full Article

Roivant sciences raises $1.1 bln in equity investment led by Softbank Vision Fund
Wednesday, 9 Aug 2017 08:30am EDT 

Aug 9 (Reuters) - Softbank Group Corp <9984.T>:Roivant Sciences raises $1.1 billion in equity investment led by Softbank vision fund.‍roivant Sciences - announced a $1.1 billion equity investment led by softbank vision fund​.Roivant Sciences - investment is intended to accelerate launch of new subsidiaries within and beyond biopharmaceutical industr​.  Full Article

SoftBank CEO Son: not appropriate to comment on Uber speculation now
Monday, 7 Aug 2017 02:27am EDT 

Aug 7 (Reuters) - SoftBank Group Corp <9984.T> CEO Masayoshi Son::expect to be able to decide on integration partner for Sprint in near future.not appropriate to comment on Uber speculation now.Vision Fund should contribute several billion dollars in annual revenue if all goes well.  Full Article

Deutsche Telekom says waiting to see results of U.S. merger talks
Thursday, 3 Aug 2017 05:18am EDT 

Aug 3 (Reuters) - Deutsche Telekom Chief Financial Officer says :Consolidation being explored in the U.S. and but must wait to see whether there are results.Won't comment on merger speculation about T-Mobile US <<>>.T-Mobile US has all the ingredients for a successful business.it is possible to be successful in U.S. market both as fixed-line cable and as mobile networks company.Telekom view of BT <<>> is unchanged, it's well positioned in the market.  Full Article

Sprint reports first quarterly profit in three years
Tuesday, 1 Aug 2017 07:30am EDT 

Aug 1 (Reuters) - Sprint Corp :Sprint reports net income for the first time in three years with first quarter of fiscal 2017 results.Q1 revenue $8.2 billion versus I/B/E/S view $8.11 billion.Expects an additional $1.3 billion to $1.5 billion of year-over-year net reductions in cost of services and SG&A expenses in fiscal year 2017​.Q1 total retail postpaid churn of 1.65 percent versus 1.56 percent.Q1 total retail prepaid churn of 4.57 percent versus 5.39 percent.Now expects adjusted ebitda of $10.8 billion to $11.2 billion for fiscal year 2017​.Continues to expect cash capex, excluding devices leased through indirect channels, of $3.5 billion to $4 billion for 2017​.  Full Article

SoftBank talks to invest in Uber are dead- CNBC, citing sources
Monday, 31 Jul 2017 09:34am EDT 

July 31 (Reuters) - :SoftBank talks to invest in Uber are dead- CNBC, citing sources.  Full Article

Softbank says respects Snapdeal's decision to remain independent
Monday, 31 Jul 2017 04:51am EDT 

July 31 (Reuters) - Softbank Group Corp <9984.T>:Softbank says respects Snapdeal's decision to pursue an independent strategy.Softbank says look forward to results of Snapdeal 2.0 strategy; to remain invested in Indian e-commerce space.Says supporting entrepreneurs and their vision is at heart of Softbank's investment philosophy.  Full Article

Softbank seeks multibillion-dollar stake in Uber- WSJ, citing sources
Tuesday, 25 Jul 2017 01:11am EDT 

July 25 (Reuters) - :Softbank seeks multibillion-dollar stake in Uber- WSJ, citing sources.  Full Article

Brain Corp announces $114 mln in series C funding round
Wednesday, 19 Jul 2017 08:05am EDT 

July 19 (Reuters) - Softbank Group Corp <9984.T>:Brain Corp announces $114 million in series C funding round led by the Softbank Vision Fund.Announced a $114 mln series C funding round led by Softbank Vision Fund.Brain Corp says Qualcomm Ventures, investment arm of Qualcomm Incorporated, also invested in funding round​.Qualcomm Ventures will retain a seat on Brain's board of directors.  Full Article

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SoftBank’s Indian shopping spree gets even spicier

MUMBAI (Reuters Breakingviews) - SoftBank's Indian shopping spree is venture capital with a kick. The Japanese conglomerate's Vision Fund is splashing $2.5 billion on online retailer Flipkart, effectively rendering worthless an earlier near $1 billion punt on rival startup Snapdeal. The investment ranks as the largest private bet on an Indian tech company. But it also shines a light on SoftBank founder Masayoshi Son's big-ticket investment flops.